I was quoted 30k for a security system from Access Control Technologies which installs hardware from PTISecurity. They did say it was worst case scenario and it was sight unseen. I am going to have them come out to ac...
I was just watching Buffet and Gates on CNBC and Mr. Buffet said something great that I felt I should share here since he is with out a doubt a great investor. Somebody asked him if his investments strategy has chang...
Hello all,
First off let me ask if you think I should have an umbrella policy...I currently own 2 rental properties as well as my primary residence, a total of 3 properties. I would estimate they have a total worth o...
Today's quote: "The enemy of a good plan is the dream of a perfect plan."-Carl von ClausewitzMoral: Don't spend so much time trying to create the perfect direct mail piece, perfect pitch, form, or contract. Just get ...
Hello! I am having a 5 Plex appraised and received a quote for $1,700 from the same company that quoted $450 for SFR. Is $1,700 a normal dollar value for this sized unit?
Best part about being a landlord is.....The money. It's definitely the money. The job is savage as savage can be lol. But somewhere in the top 10 you've got the wild things that your tenants will say to you. It's very...
Hi y'all, we are buying a 4 unit investment in Chicago for 430k, conventional loan with 30% down. I just got quoted minimum coverage from state farm for a $900,000, is this common?. Monthly payment is $450, more than ...
The two sayings that have taken me through difficult times in my business:
"This to shall pass," & "The only thing consistent in this business is that it is consistently inconsistent." My new one is "Enjoy the slo...
So, a month ago I was disapointed in an appraisal i had gotten, I was trying to barrow $20k for a 4 unit....the appraisal came back at $15k......ouch!!!!! I found private $ to do the deal and called to get an insuranc...
You get a call one day from the fire department, telling you, “You’ve had a house fire that’s destroyed your rental property.” What do you do first? Check on the tenants, call the insurance company, or start thinking ...